Teradata Corporation (NYSE:TDC): What Goldman Sachs Is Saying About Their Stock

How Goldman Sachs Currently Rates Teradata Corporation (NYSE:TDC)

Research professionals at Goldman Sachs has issued “Sell” rating on Teradata Corporation (NYSE:TDC). The firm began coverage on TDCin a recent report shared with investors and clients on Friday morning.

From a total of 19 analysts covering Teradata Corporation (NYSE:TDC) stock, 2 rate it a ”Buy”, 5 a “Sell”, and 20 a ”Hold”. This means that 7% of the ratings are positive. The highest target price is $40 while the lowest target price is $21. The mean of all analyst targets is $28.03 with a -2.54% below today’s ($27.19) stock price. Teradata Corporation was the topic of 15 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. Summit Research downgraded shares on November 9 to “Sell” rating. Mizuho maintained TDC stock in a recent report from November 6 with “Neutral” rating. Finally, Monness Crespi & Hardt upgraded the stock to “Neutral” rating in a report issued on an August 7.

Approximately 1.70 million shares of stock traded hands. Teradata Corporation (NYSE:TDC) has declined 29.91% since May 8, 2015 and is downtrending. It has underperformed by 26.89% the S&P500.

The overall sentiment of institutions has decreased to 0.78 in Q2 2015. Its down 0.07, from 0.85 in 2015Q2. The ratio worsened, as 71 institutions have sold all the shares of Teradata Corporation that they owned while 133 funds have taken shares off the table. 27 funds have purchased shares for the first time while 132 added to their positions. These institutions now hold 118.02 million shares or 13.55% less than the 136.51 million shares they owned in 2015Q2.

The Fund Fairpointe Capital Llc currently is holding shares equating to 3.43% of its total portfolio in Teradata Corporation representing a total of 6.95 million shares. Another fund,Lapides Asset Management Llc, is holding a total of 635,100 shares equating to 3.16% of their holdings. Additionally, International Value Advisers Llc has a 3.94 million share stake in Teradata Corporation which represents 3.05% of their total portfolio. The Fund, Olstein Capital Management L.P., based out of New York, has also built up a stake in the stock, which represents a total of 1.75% of their total portfolio. Finally Aston Asset Management Llc, a fund which is based in the state of Illinois reported a total holdings of 82,588 shares.

Teradata Corporation is a well-known provider of analytic data platforms, marketing and analytic applications, and related services. The company has a market cap of $3.81 billion. The Company’s analytic data platforms consist of software, hardware, and related business consulting and support services for data warehousing, and big data analytics. It currently has negative earnings. The Firm operates in two divisions: data and analytics, and marketing applications.